Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$268,915$268,915$301,499
Remaining term (yrs)25.225.230.0
Secondary amount$0$32,584$0
Funding fee$1,345$1,345$0
Note rate2.980%2.980%7.320%
Blended rate2.980%3.631%7.560%
1st payment$1,261.16$1,261.16$2,071.09
2nd payment$0.00$244.38$0.00
Taxes / mo$215.58$215.58$215.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.30
HOA / mo$37.00$37.00$37.00
Total monthly$1,663.74$1,908.12$2,533.97
Cash to close$66,084$33,500$33,500